A merican Club Circular No. 07/23 1 APRIL 28, 2023 CIRCULAR NO. 07/23 TO MEMBERS OF THE ASSOCIATION Dear Member: CURRENTS - THE AMERICAN CLUB’S IN-HOUSE NEWSLETTER Your Managers are pleased to announce the publication of the latest edition of the Club’s in-house newsletter, Currents. It can be accessed at: http://www.american-club.com/files/files/currents_47.pdf It is hoped that Members and their brokers, as well as the Club’s many business associates and other friends across the world, will enjoy reading this edition – which contains, among other things, insights on diversity in the marine industry, a discussion of decarbonization of the marine sector, a highlight of safety equipment, an examination of recent bunker issues and news of management changes at SCB. Most particularly, it is hoped that all who read it will find its contents to be both interesting and useful. Yours faithfully, Dorothea Ioannou, CEO Shipowners Claims Bureau, Inc., Managers for THE AMERICAN CLUB